Oct. 2, 2014, 9:40 AM
- There's more than passing interest in the auto retailer/dealership group over Warren Buffett's acquisition of Van Tuyl Group.
- Analysts have already tapped the sector as ripe for M&A opportunities before Buffett skipped into the fray.
- AutoNation (AN +2.2%), CarMax (KMX +1.5%), Sonic Automotive (SAH +3.5%), Lithia Motors (LAD +7.1%), Penske Automotive (PAG +3.4%), Group 1 Automotive (GPI +3.5%), Asbury Automotive (ABG +5.5%), Rush Enterprises (RUSHA) are all higher in early action.
- Related: Strong comps at AutoNation.
Sep. 27, 2011, 1:03 PM
Sep. 27, 2011, 10:17 AM
Shares of Rush Enterprises (RUSHA +1.4%) move higher after Morgan Keegan says the company will benefit from high demand for heavy trucks. An analyst with the firm raised his rating to Outperform from Market Perform, calling for a multi-year swing in truck sales as the age of commercial trucks collectively nears its 15-year peak.| Sep. 27, 2011, 10:17 AM